Key free-agency dates

July 1: Free agency begins at 12:01 a.m. ETJuly 6: Moratorium ends at noon ET; signings and trades can be made officialJuly 13: Deadline to withdraw qualifying offers to restricted free agents without their consentJuly 15: First-round draft picks become free agents if not given a required tenderSept. 5: Second-round draft picks become free agents if not given a required tender

9:36 p.m. ET: Blake Griffin and the Clippers have agreed on a five-year, $173 million deal, league sources told ESPN. The 6-foot-10 Griffin had previously told the Clippers he would opt out of his player option for next season and become an unrestricted free agent on Saturday.

8:14 p.m. ET: The Washington Wizards have offered John Wall a four-year contract extension for roughly $170 million, but Wall will take some time to consider the offer, sources told ESPN. The contract offer, known as "the supermax" as part of the new collective bargaining agreement, is possible because Wall made the All-NBA team this past season.

4:58 p.m. ET: The Chicago Bulls announced they have waived veteran point guard Rajon Rondo. Rondo had a team option worth over $13 million that would have become fully guaranteed had the Bulls not waived him by Friday's deadline. As it stands, the Bulls are on the hook for a $3 million guarantee still owed to Rondo but have cleared more roster space for younger point guards to get more minutes next season.

June 29 updates

6:05 p.m. ET: The Phoenix Suns will meet with Clippers forward Blake Griffinand Atlanta Hawks forwardPaul Millsapthis weekend as the NBA's free-agency period opens, according to reports. The Los Angeles Times reported Griffin would meet with the Suns on Saturday, while 98.7 FM Arizona Sports said Millsap would talk with Phoenix on Sunday. Sources tell ESPN's Ramona Shelburne that Griffin has strong interest in the Suns.

5:07 p.m. ET: The Indiana Pacers will hire Chad Buchanan as their new general manager, sources told ESPN, confirming multiple reports. The move comes with the Pacers in the midst of a busy offseason. All-Star Paul George is on the trade block after he informed the organization that he will leave as a free agent next summer. Several other players, like 2016-17 regulars Jeff Teague and CJ Miles, are free agents.

12:33 p.m. ET: Andrew Bogut will be back on the free-agent market Saturday, according to league sources, when the NBA opens for free-agent business at 12:01 a.m. ET. Sources told ESPN's Marc Stein that Bogut -- felled by a fracture left tibia just one minute into his first game with the Cleveland Cavaliers in March -- is roughly two weeks from being cleared for full basketball activities after recently being cleared to resume running and jumping.

June 28 updates

4:14 p.m. ET: The Sacramento Kings will not extend a qualifying offer to shooting guard Ben McLemoreand he'll become an unrestricted free agent, league sources tell ESPN. McLemore has averaged 8.1 points and 2.1 rebounds per game since being drafted by the Kings in 2013.

9:30 a.m. ET: The New York Knicks and team president Phil Jackson announced Wednesday morning that they have mutually agreed to part ways. Conversations about what was best for the team's future between Jackson and owner James Dolan accelerated this week when the franchise decided it would not buy out embattled forward Carmelo Anthony, sources told ESPN's Ramona Shelburne.

12:09 a.m. ET: The Houston Rockets have emerged as an increasingly serious threat in the chase for soon-to-be free agent Chris Paul, league sources familiar with the matter told ESPN's Marc Stein. The Rockets still have work to do in terms of clearing sufficient salary-cap space to make a representative offer for Paul, but sources told ESPN that Houston star James Harden has been advocating hard in favor of the Paul pursuit.

June 27 updates

5:20 p.m. ET: The New York Knicks have "legitimate" interest in re-signing free agent point guard Derrick Rose, league sources familiar with the matter told ESPN's Ian Begley. Rose, 28, will be a free agent for the first time in his career after spending last season in New York, where his season was cut short because of a torn meniscus.

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